Finance
Hapana Gets Investment To Expand Engagement-Focused Fitness Software
Hapana, a gym and fitness software platform, will use the funding to grow its sales and marketing teams as it plots U.S. expansion.
Needed Secures $14M To Expand Pregnancy Nutrition Offerings
Needed aims to improve perinatal health through nutrition, which it says is one of the most "significant and overlooked" parts of pregnancy.
Bhout Raises $10.7M for AI-Powered Boxing Bag, Plots US Expansion
Bhout, a Portuguese connected fitness startup, has raised an impressive €10 million in seed funding for its AI-powered gamified boxing bag.
Xponential Fitness Posts Solid Q3, Raises Full Year Guidance
Xponential Fitness grew its revenue and North American same-store sales in Q3, and trimmed its net loss compared to last year.
Mitsubishi HC Capital Bolsters Fitness Franchising Options
The specialty finance company supports in-person fitness and wellness businesses with flexible franchise financing solutions .
Planet Fitness Stock Surges on Q3 Revenue Jump
Planet Fitness reported total revenue of $277.6 million in the third quarter, an increase of $33.2 million, or 13.6%, from 2022.
Peloton Loses Paid Subscribers as CEO Urges Patience
Fresh off a content deal with Lululemon, Peloton is facing difficulties converting free users into fully paying subscribers.
Flynn Group Adds Planet Fitness to Franchise Mega Portfolio
Flynn Restaurant Group, the world's largest franchise operator, is entering the fitness space by acquiring 37 Planet Fitness locations.
Flash Pack Raises $6.2M To Fight Loneliness With Travel
Flash Pack, a group-based travel company, looks to create enduring friendships for those in their 30s and 40s.
Rhone Plots Activewear Expansion as L Catterton Sells Stake
As the brand eyes a retail and womenswear expansion, Rhone also has received investment from NBA team owners and former NFL stars.
